Bangkok Airways launches IPO amid turbulence

Thai airline hopes investors will sign up to an attractive valuation and turnaround in the domestic tourism industry.

Formal terms for an initial public offering by Bangkok Airways were fixed on Monday, with Thailand’s fourth largest carrier hoping to raise between Bt16.79 billion and Bt19.71 billion ($510 million and $604 million). 

¬ Haymarket Media Limited. All rights reserved.

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